Items Tagged with 'interchange'

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CUs face “crisis of creeping complexity” in regulations.

Let members choose their own PIN, and get the cards into members’ hands right away.

CUNA will continue to drive home the message that CUs' tax-exempt status is a result of their not-for-profit cooperative structure and their special mission to serve consumers.

Grassroots movements—instigated or supported by CUs—had a significant impact on the battle over interchange last spring and Bank Transfer Day in the fall.

Everything from CUNA’s Governmental Affairs Conference in March to the ongoing interchange debate grabbed our readers’ attention during 2011.

What did CUNA accomplish last year, and where are we going in 2012?

When Bank of America announced that it will start imposing a $5 monthly fee for debit card use on a big chunk of its customers, we heard the comments—from consumers, the press, and even the U.S. president.

Consider a single PIN debit network strategy as a way to relieve downward pressure on interchange income.

Employ vigilance to keep retailers from steering consumers toward non-CU debit cards.

On June 29, the Federal Reserve Board of Governors adopted its debit interchange final rule, described (by some) as "surprising" and by others as "infuriating."